chapter 6 cards

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Author:
Divarza
ID:
138261
Filename:
chapter 6 cards
Updated:
2012-02-28 00:43:10
Tags:
mortuary law
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Description:
chapter 6 test cards
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  1. a proposal to make a contract
    offer
  2. what is an option
    a binding promise to hold an offer open
  3. t/f. an offer should be definite?
    true
  4. offeros termination of an offer
    revocation
  5. an offeree's silence is a valid acceptance if the offeror states in the offer that silence is an acceptance
    false
  6. y/n are business contracts typically implied solely from the parties conduct
    n
  7. y/n under common law , must all offers be definite as to price?
    y
  8. y/n, if the offeree reasonably believes that an offer is seriously intended even though it is made in jest, can a binding conract be made?
    yes

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